If Ekovest move to RM3, it will be 28% upside

If warrant follow & move to RM2, it will be 68% upside

Nothing is perfect, it's up to your risk & reward appetite

Both will have their own advantages, pros & cons.

Mother share = cash back 25 cents

Warrant = nothing but adjusted exercise price, premium will be maintained but gearing factor making warrant more attractive if you believe mother share will move up to RM3 or RM4.

Mother share = 2.35 => 2.10
Warrant = 1.19 + 1.21 => 2.40

Premium = 14%

Based on my calculation using current mother share (RM2.35) & warrant (RM1.19), exercise price will be adjusted from RM1.35 to RM1.21.

Reduction of 14 cents

The variation or changing factor = "at what price" will be taken into consideration when calculating the formula for adjustment of exercise price.

At time of first announcement, 8 Nov 2016?

At date of official announcement after approval is obtained from shareholders in EGM?

Thanks, latlut, hope general market will appreciate the true value of this company.

That's the reason why Ekovest management & secretary use "Distribution" in the announcement, because distribution more relevant to capital distribution instead of dividend declaration, it is good intention by the management not to confuse the investors/shareholders.


2.6.2 Distribution to shareholders of Ekovest

Subject to the completion of the Proposed Disposal, it is the intention of the Board to
distribute part of the proceeds to the shareholders of the Company via a cash dividend
of RM0.25 per share or an equivalent of up to RM244.4 million, assuming that as at entitlement date the total shares outstanding in the Company comprises of 855,448,860 Existing Shares and new shares issued pursuant to the full exercise of outstanding 122,206,980 warrants (“Proposed Distribution”).

I have done some calculation samples for Ekovest & Ekovest-WB in another forum, feel free to check it out:
http://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=EKOVEST-WB

Another example from Sunway Berhad in relation to the special dividend declared in 2015:

NOTICE TO WARRANT HOLDERS IN RELATION TO THE ADJUSTMENT TO EXERCISE PRICE OF OUTSTANDING WARRANTS
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4887025

Here you go, the adjustment on exercise price for special dividend:

NOTICE TO WARRANTHOLDERS IN RELATION TO THE ADJUSTMENT TO THE SUBSCRIPTION PRICE OF WARRANTS 2006/2016 OF TANJUNG ("WARRANTS A") PURSUANT TO THE TAX-EXEMPT SPECIAL DIVIDEND OF RM0.44 PER ORDINARY SHARE OF RM0.50 EACH IN TANJUNG
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4240665

Thank you, Mr Ooi

Yes, paperplane, exercise price of warrant will be adjusted for special dividend, but nothing will happen if for normal dividend.

Spot on! Thank you for your great sharing again, WealthWizard.

Spot on! Thank you for your great sharing again, WealthWizard.

Mr Market is always unpredictable, all we can do is to make right decisions after reviewing all information

Finished buying, see what will happen later :)

Interesting, 10k is sound more acceptable & manageable.
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Posted by VenFx > Nov 28, 2016 12:00 AM | Report Abuse
I hope it is a genuinely and good purposes to educate the young generation to invest, through competition. But, when in seriously money ???
10-30 k ok lah . Lost all not that much also.

Hope tomorrow gap down like so "many" said..... :)

Hmmm... very likely
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Mango Juice Another thing, with Mr Koon competition, he may publicize the names of participate putting much risk for them! I caution those who want to participate! You may end up losing your money and reputation at the same time given how Mr Koon treat fellow i3 here!
27/11/2016 23:52

One objective only, both RHB & KYY want publicity, simple as that.

Using their real cash of 100k, hmm... the carrots that hanging in front of participants may make them taking much higher risks for their investment.

It actually encourage people to rush for maximum returns over a time span of 1 year

Agreed!
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ah_boon Hope SC will ban this kind of competition. Serious money in play. Its encouraging people to bet their 100K in order to win prizes. The winner will be RHB as they will get a lot from brokerage.

paperplane2016, 我现在感觉很暗爽 ＼（＾○＾）人（＾○＾）／

Anyway, still sound very attractive competition.

100k cash is not a easy money to many. I won't participate as I can't fit in the rules.

I can't choose less than 8 counters & each can't invest more than 25%.

Furthermore, what if market crash by middle or end of next year & what if the No.1 is -1% like what paperplane said, still entitle for the prizes?

Winners will continue to be winners for they see what losers don't see.

Anti debt, congratulation, please avoid Ekovest, this is high debt company, thank you very much.

Please talk facts & proofs on Ekovest only, not individual. Thank you.

Please SELL if you feel Ekovest is no hope.

Please DON'T BUY if you think Ekovest is over-priced.

Please AVOID if you think Ekovest is rubbish.

Too much concentration on individual thing, I will not respond to any request not related to the good of forum as it is not worth my time of doing so.

I already proved myself & if you think I have sold, then let be it that way.

Yes, I agreed, wangge, I have used their service for more than 15 years & I hope my remisier can continue to benefit from what I am doing now for what she has done for me all these while.

识于微时,一路颠簸扶持。他日我登顶峰,定有尔一座莲池

60% on the cap value, that's 60% on RM0.50, no matter how high warrant price has gone up.

Bank don't allow too risky portfolio for its clients, it is also good for us also, so we don't over spend on the account.

Bank allow 90% loan on MSC with no cap.

Effectively, the margin loan is less than 30% of my total shares value, so it is within manageable level.

Thanks for reminder, optimus9199, it was capped at RM0.50 & % margin is only 60%. It means I can only use RM0.30 out of RM1.18.

Most importantly, I allocated 30% cash fund in stock market only.

I started to accumulate Ekovest Warrant, then mother shares, since 15 September 2016, until all bullets finished today & can't buy any today, sad.
http://klse.i3investor.com/files/my/blog/img/bl2510_2016915_1.jpg
http://klse.i3investor.com/files/my/blog/img/bl2510_2016919_1.jpg

moneySIFU That's was misleading to say Ekovest next QR won't be good. I didn't defend because I am now in collection mode for Ekovest warrant again. It will be cheaper for me if price drop :)
17/11/2016 15:27
http://klse.i3investor.com/files/my/blog/img/bl2510_20161117_1.jpg

moneySIFU Finished bullets today, don't know why, but just buy, let's see if it's right or wrong for today's decisions & actions.
21/11/2016 16:29
http://klse.i3investor.com/files/my/blog/img/bl2510_20161121_1.jpg

moneySIFU Add some on Ekovest Warrant, let's see what will happen in next 2 weeks
24/11/2016 16:38
http://klse.i3investor.com/files/my/blog/img/bl2510_20161123_1.jpg

moneySIFU Mostly everyday on buying mode now, cheap sale from Mr Market, problem is bullets getting lesser & lesser.
25/11/2016 01:51
http://klse.i3investor.com/files/my/blog/img/bl2510_20161124_1.jpg

sell, are you ready? I am ready to prove, hope you enjoy the show

Personally, I truly hope Monday will down like "many experts" had said

I just reload bullets for Monday showdown :)

Always take out last quarter's fair value adjustment, that's not real profit, only paper profit, I personally don't like this kind of profit as it is most of time misleading to many new investors.

3. Great vision & able to secure jobs/deals for company. Not a thin profit margin deal but very profitable deals.

Jokes finished, now back to QR & business.

It is important to understand the business & financial figures to know how well/bad the company is running & what can we expect from the company in future.

Management play key role in securing confidence from shareholders on the company. So, let's examine the quality of management:

1. Willing to give back money to shareholders via good special dividends, not many do that, just look at what puncak niaga did.

2. Price drop before the very good QR released, give more time/chance for genuine investors to accumulate more. Lots of good company have their prices gone up weeks before a good QR released, only insiders take all, leaving retailers eat dust.

Though I don't understand much on the comments, but you may wish all run as fast as insider
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PitBulL Yea, really fainted up and down! Now director said we aim for long run! Tiu!
25/11/2016 18:43

PitBulL Insiders always run faster than retailers!
25/11/2016 18:43

I really hope what valuelurker said will happen, Monday gap down
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valuelurker Come on Monday gap down!
25/11/2016 18:49

Now I may have realised what sell said, please follow director, sell & avoid
-----------------------
sell EPS drop from 15.92 sen(last qtr) to 4.69 sen. No wonder directors sold.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=E&securityCode=8877
25/11/2016 18:32

Sad, Monday surely follow what PGB said
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PlsGiveBonus 4.69 x 4 = 18.76
TP = 1.80
25/11/2016 18:32

Agreed what you said, investstock8080, must sell.
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investstock8080 seems like previous impressive Q4 result is one off thingy. this year profit potential lower than last year then. Based on KYY golden rules, must sell.
25/11/2016 19:23

hmmm... if you think it's poor, then it must be poor, please SELL - RUN - AVOID

Sharing views & ideas

Thanks to all dear members for your kind & wonderful words on me, however, I didn't do much but just share news or updates of Ekovest only, you guys are the one that have actually contributed greatly to the forum & make this better platform for changing views & ideas.

Let's do it before 2am, ok? I might only free after 12pm.

Sell, just my humble request below once I did it:

can I earn your respect towards all people here in this forum? Many of them are really focus in making money for the